HYUNDAI SALES FOR SEPTEMBER SET ANOTHER RECORD

September Marks 20th Consecutive Month of Record Sales

FOUNTAIN VALLEY, Calif., Oct. 1, 2002 -- Hyundai Motor America today announced that September sales set a record for the month. Hyundai Motor America sold 30,257 vehicles in September. “This is our 20th consecutive month of record-setting sales,” said Hyundai’s Vice President of Sales Robert Cosmai. “Compared to last year at this time, Hyundai sales are up 14.2 percent YTD,” Cosmai said.

“Sales continue to be led by the Elantra and the Santa Fe sport utility vehicle. Buyers looking for styling, performance and value have given Hyundai tremendous sales momentum this year and we are working hard to make certain these strong sales continue,” he added. Cosmai also noted that sales of the popular Santa Fe sport utility vehicle were up 28 percent compared to last year.

“Hyundai cars and sport utility vehicles are backed with America’s Best Warranty, The Hyundai Advantage. Our customers have confidence knowing their Hyundai vehicles are covered by a 10-year/100,000-mile powertrain warranty, a 5-year/60,000-mile bumper-to-bumper warranty, 5-year/unlimited miles roadside assistance program and more,” Cosmai explained.

Following is the sales breakdown for September 2002:

CARLINE Sept. 2002 Sept. 2001 CY2002 CY2001
ACCENT 6,191 5,808 59,012 62,801
SONATA 5,349 6,695 53,576 43,755
ELANTRA 9,391 10,018 95,378 85,627
TIBURON 1,609 1,426 15,533 15,570
SANTA FE 6,243 4,874 60,415 39,451
XG350 1,474 1,345 13,422 13,268
TOTAL 30,257 30,166 297,336 260,472

# # #